MEXC Will List AladdinDAO (ALD) and Launch the 81st Session "MX DeFi"

Dear users,

MEXC will list AladdinDAO (ALD) in the Innovation Zone and open trading for ALD/USDT trading pair. The specific timeline is as shown below:

Deposit & Withdrawal: Opened
ALD/USDT Trading: 2021-09-10 12:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

The 81st Session "MX DeFi" - Stake MX, USDT & TRX to Earn Yield ALD

Together with ALD’s listing, MEXC will launch the 81st "MX DeFi'' Session to enable mining on ALD tokens from September 10 to September 12. Throughout the campaign, users can stake MX, USDT and TRX to earn liquidity yield on ALD. The staking period will last 3 days. Details are as follows:

1. Campaign start time: 2021-09-10 12:00 (UTC)

2. Staking period: 2021-09-10 12:00 to 2021-09-12 16:00 (UTC)

3. The total yield pool includes 70,000 ALD tokens.

Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 42,000 ALD liquidity yield (60% of the yield pool)

USDT: no hard cap; a total of 14,000 ALD liquidity yield (20% of the yield pool)

TRX: no hard cap; a total of 14,000 ALD liquidity yield (20% of the yield pool)

4. Ways to participate:

a). Through MEXC.com: Log on to MEXC’s official website > Select [Finance - MX DeFi] - Look for “Stake to mine ALD” to join

b). Through MEXC App: On MEXC’s app homepage - Find [MX DeFi] on the middle bar - Look for “Stake to mine ALD” to join

5. Liquidity yield calculation (daily):

User’s daily yield amount = (User’s staking value/total staking value) * Yield supply of the day

For example: Suppose user A stakes 10,000 MX to earn ALD, the yield supply of T day is 14,000 ALD for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of:

(10,000 / 500,000) * 14,000 ALD = 280 ALD

Note:

Minimum Entry Requirement: 10 MX, 1 USDT and 100 TRX respectively;
If a user joins staking on day T, he/she can unlock the staked token on day T+1;
The yield is calculated daily and will be distributed to the user's account on the next day.

Project Info

(This information is provided by the project team. Strictly for references only.)

Project Name: AladdinDAO (ALD)

Max Supply: 1,000,000,000 ALD

Token Type: ERC-20

Official Website: https://aladdin.club/

Blockchain Explorer: https://etherscan.io/address/0xb26C4B3Ca601136Daf98593feAeff9E0CA702a8D

Twitter: https://twitter.com/AladdinDAO

Telegram: https://t.me/aladdin_dao

Discord: https://discord.gg/Ymwar7c6V8

Medium: https://medium.com/aladdindao

Whitepaper

Project Brief Introduction

AladdinDAO is a community built for value discovery. A group of DeFi veterans started the DAO to curate yield farming. The vision is to provide a one stop shop liquidity mining services.Introducing AladdinDAO, launched by a consortium of 14 founding contributors and investors — Polychain, Digital Currency Group, 1kx, Multicoin, CMS, Nascent, Alameda, DeFi Alliance, Robert Leshner, Kain Warwick, Hart Lambur, Alex Pack, Ashwin Ramachandran, and Sharlyn Wu — who are passionate about bringing order to the chaotic crypto world.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

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https://www.mexc.com/invite

Enjoy trading on MEXC.